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Business Developments & Projects

With extension in effect, XRG-led consortium hammers away at $19B Santos takeover terms

Australia’s energy player Santos has signed up for a multi-week extension of the deadline set for negotiations regarding an $18.7 billion non-binding indicative offer received from a consortium run by XRG, a subsidiary of Abu Dhabi National Oil Company (ADNOC), which entails Abu Dhabi Development Ho

about 1 year ago

Business Developments & Projects

Construction gets underway to provide shore power at Zeebrugge cruise terminal

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Belgium’s Port of Antwerp-Bruges has kicked off works to construct a shore power installation at the cruise terminal at Zweedse Kaai in Zeebrugge.

about 1 year ago

Illustration (Courtesy of TEAMER Program), University of Hawaii

Business Developments & Projects

TEAMER selects 18 new marine energy projects for technical support

The U.S. Testing Expertise and Access to Marine Energy Research (TEAMER) program has approved 18 projects through its 16th request for technical support (RFTS), representing over $2.7 million in funding. The Technical Support Recipients (TSRs) will receive assistance across numerical modeling, labo

about 1 year ago

Business Developments & Projects

Saipem wraps up rig-to-FPU conversion for Eni offshore Congo

Italy’s engineering, drilling, and construction services giant Saipem has completed the conversion of a semi-submersible drilling unit into a floating production unit (FPU) to be deployed at compatriot Eni’s project offshore Congo.

about 1 year ago

Business Developments & Projects

BP tasks Baker Hughes with 90-month job on Asian LNG project

U.S.-headquartered energy technology giant Baker Hughes has landed a long-term deal with BP, a UK-headquartered energy player, for work on a liquefied natural gas (LNG) plant in Papua Barat, Indonesia.

about 1 year ago

Business Developments & Projects

Ghana’s first deepwater OBN seismic survey entrusted to Norwegian firm

Following the announcement about a deepwater ocean bottom node (OBN) contract in Angola from earlier today, Norway’s Shearwater GeoServices has now reported the award of Ghana’s first deepwater OBN seismic survey. The OBN seismic survey will cover the Jubilee and TEN fields operated by Tullow Oil, a

about 1 year ago

Transocean Equinox, former Songa Equinox; Credit: ALP Maritime

Business Developments & Projects

Transocean rig set to kick off gas drilling ops mid-October offshore Australia

ConocoPhillips Australia (COPA), a subsidiary of the U.S.-headquartered energy giant ConocoPhillips, has modified its timeline for the start of a two-well gas exploration campaign in the Otway Basin, which will be undertaken with one of Transocean’s rigs off the coast of Australia.

about 1 year ago

Business Developments & Projects

Viking Line and Gasum take FuelEU Maritime pooling collab to the next stage

Finnish shipping company Viking Line has started operating its two RoRo ships on bio-LNG to generate compliance for the FuelEU Maritime pooling service launched by Nordic energy player Gasum.

about 1 year ago

Business Developments & Projects

Baleària broadens network following strategic route acquisition in Spanish waters

Spain-based ferry operator Baleària has finalized an agreement with compatriot shipping company Armas Trasmediterránea to acquire its business in the Canary Islands and the Alboran Sea, as well as part of the business in the Strait of Gibraltar, which has been purchased by Denmark’s DFDS. As part of

about 1 year ago

Business Developments & Projects

Korea’s gas player taps Singapore’s Trafigura for LNG offtake

Trafigura, a Singapore-headquartered commodities group, has secured a multi-year deal to supply liquefied natural gas (LNG) to Korea Gas Corporation (KOGAS), the Republic of Korea’s national gas company, said to be one of the world’s largest importers of LNG.

about 1 year ago

Business Developments & Projects

New unit ready to complete FLNG pair at Eni’s Congolese project

Italy’s energy giant Eni and China-based Wison New Energies have held the sailaway ceremony for the floating liquefied natural gas (FLNG) facility the latter is building for the former’s LNG development offshore Congo.

about 1 year ago

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Business Developments & Projects

Enviros Group Expands Middle East Operations with New Offices in UAE

Forging a stronger presence at the heart of the Middle East Written by Enviros Group Enviros Group (Enviros) has strengthened its presence in the Middle East with the opening of three new offices in the United Arab Emirates; two in Abu Dhabi and one in Dubai. The move marks a significant step forwar

about 1 year ago

Business Developments & Projects

Chinese giant expands its oil & gas footprint in Southeast Asia

Chinese state-owned oil and gas giant China National Offshore Oil Corporation (CNOOC) has enlarged its Asian portfolio with two exploration blocks in Indonesia.

about 1 year ago

Business Developments & Projects

Bringing ‘manufacturing renaissance’ to US: HD Hyundai, Cerberus, KDB to help revitalize US maritime capabilities

South Korean conglomerate HD Hyundai and American alternative investment firm Cerberus Capital Management have decided to enter into a strategic partnership to launch a new maritime investment strategy, Cerberus Maritime.

about 1 year ago